SBI Cashback Credit Card Referral Code
🕒 Last updated on: April 12, 2026
Considering to signup for the SBI Cashback Card? Signup with any SBI Cashback Credit Card Referral Code [2yuDiroydc7] and get a gift voucher worth ₹500 as welcome benefit on successfully applying and making your first transaction of ₹500 and above.
(Referral Code: 2yuDiroydc7)
Joining/Annual Fees:
₹999 + GST
Benefits:
5% Cashback on Online Spends
Best for:
Online Shoppers
Reward Type:
Statement Credit
Rating:
Read our complete and detailed post on SBI Cashback Card, so that, you are applying for it without expecting more than what you will be getting. Lets dive in!
Recent Cashback Devaluation
Card’s Cashback Limit has been decreased from ₹5,000/month to ₹2,000/month w.e.f. 1st April, 2026.
SBI Cashback Credit Card: Fees & Eligibility
- Joining Fees: ₹999 + GST (18%)
- Annual Fees: ₹999 + GST (18%)
- Annual Fee Waiver: Annual Fee is waived off (credited back to statement) on annual spends of ₹2,00,000 or more in the previous year.
Eligibility Requirements
- Age: 21 to 70 years.
- Employment: Salaried or Self-Employed.
- Income: 30,000 and above.
- Credit Score: Generally 750 or higher.
- Citizenship: Indian resident.
Key Features & Benefits
- 5% Cashback: Spend Online and earn flat 5% cashback up to ₹2,000/month on all your eligible spends without any merchant restrictions.
- 1% Cashback: Spend anywhere offline and earn flat 1% cashback up to ₹2,000/month on all your eligible spends.
- ₹2,000 Cashback: You can earn a maximum of ₹2,000 cashback per month on Online and Offline transactions. (Reduced from ₹5,000 to ₹2,000/month w.e.f. 1st April, 2026)
- Visa Signature Privileges: Enjoy exclusive travel and lifestyle benefits with enhanced security and global acceptance.
- Joining/Annual Fees: It has a joining and annual fee of ₹999 (plus GST), waived off on annual spends of ₹2,00,000 or more.
SBI Cashback Card's Simple Reward Structure
Unlike most credit cards filled with confusing reward points, tiers, and redemption headaches, this card keeps it brutally simple:
5% Cashback
Straight 5% Cashback on Online Spends. No Merchant Restrictions and Calculations.
1% Cashback
Flat 1% Cashback on all your Offline Spends.
Statement Credit
Cashback goes straight into the statement. No reward points or redemption headache.
That simplicity is its biggest strength—and also its biggest marketing hook.
In fact, this flat 5% structure applies across major platforms like Amazon, Flipkart, Swiggy, etc., without merchant restrictions.
How to Apply for the Card?
Applying for the SBI Cashback Credit Card is surprisingly quick and fully online. Here’s how it works:
Step-by-Step Process
- Visit the official SBI Card website: Go to the credit cards section and select the Cashback SBI Card or just click here to get redirected to Application Page.
- Click on “Apply Now”: Enter your mobile number and click on apply now. This will start the online application .
- Fill in your details like:
- PAN card details
- Mobile number
- Income & employment details
- Complete KYC verification
- Aadhaar OTP / DigiLocker
- Or upload documents (PAN, address proof, income proof)
- Submit the application and you’ll get an instant decision in most of the cases based on your profile.
- Verification & approval: SBI may:
- Call you for confirmation
- Ask for additional documents
- or Do a Physical Visit for Verifitcation
- Card delivery within 7–10 working days, once approved.
Is SBI Cashback Credit Card Worth ₹999?
What Makes This Card So Popular?
1. Straightforward Cashback (No Brain Usage Required)
- Where most cards force you to Track reward points, Convert and Use partner portals to redeem it.
- This one makes the process simple: Spend → Cashback → Done.
- That’s why even beginners love it.
2. Best-in-Class for Online Shopping
- A flat 5% cashback across online merchants/platforms is rare in India.
- Many cards give 5% but on specific brands.
- But SBI Cashback Card gives 5% cashback almost everywhere online.
3. Automatic Cashback Credit
- No redemption, no expiry stress.
- Cashback is credited directly to your statement within days.
The Not-So-Good Parts
Let’s get honest. The SBI Cashback Card is good but this card is also not a perfect card.
1. The Cashback is not Truly “Unlimited”
- Monthly cap of ₹2,000 exists (₹5,000 earlier, reduced in April’26 updates)
- After 2,000 cap → 0 rewards
- Heavy spenders may feel restricted.
2. No Premium Benefits
- No Airport lounge access
- No milestone rewards
- No welcome bonus
3. Recent Devaluation (2026) Hurts
- Cashback cap was reduced (5,000 to 2,000)
- Eigible categories were reduced (digital gaming platforms (MCC 7993, 7994, 5816), toll payments (MCC 4784), and government-related transactions (MCC 9222, 9311, 9402))
4. Real Users Frustrations (Reddit)
- “MCC problems… sometimes no cashback due to wrong category tagging.”
- “Not useful during big sale offers… doesn’t get instant discounts (or if applied then the cashback gets forfeited later.”
- “Mostly low credit limit is offered and annual fee feels high.”
Credit Cult Tip:
You can try contacting SBI Card Customer Care (before paying its annual fee) to waive the fee and they might honor it. You may also request them to make the card LTF.
Cult Conclusion: Final Verdict
The SBI Cashback Credit Card is like a “Maruti Suzuki of credit cards”:
- Reliable & Efficient
- But no luxury
It used to be an unbeatable card, but after 2026 changes, it’s now “Very good” instead of “must-have.”
Final Verdict: Still Worth It?
- No, if you expect:
- Lounge & Milestone benefits
- Unlimited rewards
- Yes, if you want a simple and reliable 5% cashback card for online spending
Saurabh | Founder & Content Writer at CreditCult.in
For the last 7 years, I’ve been obsessed with the Indian credit ecosystem—testing cards, deconstructing reward programs, and finding the tiny loopholes banks don’t want you to see. I don’t just write about these accounts; I use them daily to ensure the advice I give is backed by real-world results.
Considering to apply for a premium SBI Card, checkout our detailed blog on SBI Pulse Credit Card and discover everything you should know before applying for it.
Frequently Asked Questions (FAQs)
Primarily, it has no welcome benefits but if you apply with any SBI card referral code 2yuDiroydc7 then you will get a ₹500 gift voucher on successfully applying for any SBI Card and making your first transaction of Rs 500 and above.
- Age: 21 to 70 years.
- Employment: Salaried or Self-Employed.
- Income: 30,000 and above.
- Credit Score: Generally 750 or higher.
- Citizenship: Indian resident.
No, SBI Cashback Credit Card is not primarily free but you may try requesting the SBI Card Customer Care to make it LTF (before paying its annual fee) and they might honor it.
No. The SBI Cashback Credit Card does not provide complimentary airport lounge access anymore. Its USP is flat 5% cashback on online spends.
